XML 17 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 3,342,215 $ 3,207,537 $ 6,323,419 $ 6,054,271
Costs and expenses:        
Cost of services 2,318,562 2,254,233 4,405,641 4,267,846
Operating, administrative and other 712,374 680,442 1,318,605 1,323,808
Depreciation and amortization 100,386 90,268 194,423 177,262
Total costs and expenses 3,131,322 3,024,943 5,918,669 5,768,916
Gain on disposition of real estate 11,298   12,683 4,819
Operating income 222,191 182,594 417,433 290,174
Equity income from unconsolidated subsidiaries 75,384 34,929 90,402 92,230
Other income 3,186 3,882 7,301 7,097
Interest income 1,427 3,066 3,838 4,525
Interest expense 35,430 36,987 69,440 71,777
Income before provision for income taxes 266,758 187,484 449,534 322,249
Provision for income taxes 68,362 64,039 119,635 114,164
Net income 198,396 123,445 329,899 208,085
Less: Net income attributable to non- controlling interests 1,231 1,777 3,137 4,250
Net income attributable to CBRE Group, Inc. $ 197,165 $ 121,668 $ 326,762 $ 203,835
Basic income per share:        
Net income per share attributable to CBRE Group, Inc. $ 0.59 $ 0.36 $ 0.97 $ 0.61
Weighted average shares outstanding for basic income per share 336,975,149 335,076,746 336,941,681 334,534,841
Diluted income per share:        
Net income per share attributable to CBRE Group, Inc. $ 0.58 $ 0.36 $ 0.96 $ 0.60
Weighted average shares outstanding for diluted income per share 340,882,603 338,080,641 340,214,246 337,797,887